The Citi Premier card is a great option for someone looking to make the leap from a credit card with rewards to a full-fledged credit card. It has a low interest rate, no annual fee, and lots of features that make it easy to use.
The citi premier card minimum credit limit is a great option for people that are looking to get their first Citi credit card.
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While the Chase Sapphire Preferred Card has long been our top pick for the best first travel rewards credit card, if you already have one or are unable to apply for Chase credit cards owing to the issuer’s application restrictions, there’s a solid runner-up to consider: the Citi Premier® Card.
Not only is the Citi Premier a strong competitor in and of itself — particularly right now for reasons we’ll discuss shortly — but if you’re looking for travel rewards, it might be the first Citi card you apply for before applying for any other Citi credit card. Yes, including our Citi® Double Cash Card, which is the gold standard.
Why? Let’s take a look at the Citi Premier and its application criteria to see why we believe it should be at the top of your list if you’re searching for a new Citi credit card.
New Citi Premier cardholders may now receive 80,000 bonus points after spending $4,000 on purchases during the first three months of account creation. Not only is it the best bonus offer we’ve ever seen on this card, but it’s also the best bonus offer available on any Citi credit card right now.
What are those 80,000 points worth, exactly? Citi Premier members receive Citi ThankYou Rewards points, which may be redeemed for gift cards or any ticket booked via Citi’s travel site at a 1 cent per point rate. At the very least, the card’s sign-up bonus is worth $800, which is a fantastic deal for a card with a $95 annual fee.
With the Citi Premier credit card, you may now earn 80,000 extra points.
With a little more work, though, you may earn even more value for your points. That’s because Citi enables you to transfer your ThankYou points to any of its 16 airline reward programs, including American Airlines’ AAdvantage frequent flyer club until November 13.
You may transfer points from the Citi Premier card to American Airlines through November 13th.
While utilizing your points in this manner takes a little more work and flexibility, you may potentially receive a lot more value for your money, particularly if you use them to book first or business class tickets. Citi ThankYou points are worth 1.7 cents each, according to frequent flyer website The Points Guy. At that rate, the Citi Premier’s 80,000 extra points are worth a staggering $1,360 in travel.
While other credit cards outside of Citi offer 100,000-point bonuses or more, bear in mind that not all points are created equal, and 100,000 points on certain cards are worth less than 80,000 points on the Citi Premier.
Furthermore, some cards demand an absurd amount of spending to get the full sign-up bonus – up to $15,000 in certain instances. However, the Citi Premier’s $4,000 spending minimum is just $1,333 each month for the first three months you have the card.
To receive the Citi Premier Card’s 80,000-point sign-up bonus, go here.
Citi, like the majority of large banks, sets limits on how many times a client may be accepted for a credit card. Citi does not limit the amount of cards you may open, but it does limit the number of cards you can apply for in a particular period of time.
You can only apply for one Citi credit card every eight days, and you can only apply for two Citi credit cards every 65 days. This policy applies to all credit cards issued by the company, including airline, travel rewards, and cash back cards.
Doesn’t it seem to be very basic and simple to comprehend? Citi, on the other hand, has a 24-month “card family” regulation. This implies that if you’ve opened or canceled any Citi card within the last 24 months, you won’t be eligible for a sign-up bonus when applying for another card from the same family.
That regulation is a bit more complex, so let’s look at it through the lens of the Citi Premier. The Citi Premier earns Citi ThankYou points, making it a member of the Citi ThankYou card family, which also includes the Citi Rewards+® Card and the no longer available Citi Prestige Card.
So if you acquire a Citi Rewards+ card, you won’t be eligible to receive the Citi Premier card’s sign-up bonus until 24 months have passed. You’ll want to apply for the Citi Premier card first since it has a considerably larger sign-up bonus — four times that of the Citi Benefits+ card — as well as better rewards.
When applying for Citi credit cards, it’s critical to understand the application requirements.
The good news is that our top-rated Citi Double Cash Card isn’t affiliated with any Citi card family and doesn’t provide its own sign-up bonus. So you may apply for it as soon as you receive your Citi Premier — even as soon as eight days afterwards if you need it that quickly. And if you have both of these cards, you can turn the cash back you get on the Citi Double Cash into points, which you can then combine with the points you earn on the Citi Premier to create one huge pot of travel rewards.
Check to see whether you’re eligible for a Citi Premier credit card.
The Citi Premier credit card offers the most bonus categories out of all of the Citi credit cards. For every dollar spent on air travel, hotels, petrol stations, supermarkets, and restaurants (including takeout), you’ll get three points, and for every dollar spent on anything else, you’ll get one point. Furthermore, there is no limit to how many points you may gain.
This also brings up a second reason why the Citi Premier and Citi Double Cash Card work well together. Because the Citi Double Cash earns 2% cash back on everything you buy — 1% when you make a purchase and another 1% when you pay it off — and because you can convert your cash back to ThankYou points if you also have the Citi Premier, having both cards effectively maximizes the rewards you’re earning on all your purchases.
How? If you have both cards in your purse or wallet, you’d use the Citi Premier to earn 3 points per dollar on purchases in one of the bonus categories, and the Citi Double Cash Card for everything else to earn 2 percent cash back, which is effectively 2 points per dollar when converted to ThankYou points. As a result, you’ll always earn at least twice as many points per dollar on everything you purchase.
Citi Double Cash, which has no annual fee, is the greatest cash back credit card.
The Citi Premier is also the only Citi card that enables you to transfer points to any of Citi’s 16 partner airlines on its own, possibly boosting the value of your points. All other Citi cards receive cash back or “basic” ThankYou points, which may only be redeemed for gift cards or utilized via the Citi travel site at a cost of one cent each.
All Citi ThankYou points transfer one-to-one to all partners, thus the 80,000 points from the Citi Premier sign-up offer are equivalent to 80,000 points or miles in any of the following 16 airline programs:
|Transfer Partners for Citi ThankYou Rewards|
|Premier Aeromexico Club||Flying Blue Air France-KLM||Avianca LifeMiles is a loyalty program offered by Avianca.|
|Asia Miles on Cathay Pacific||Emirates Skywards is a loyalty program offered by Emirates.||Etihad Guest House|
|MileageLands EVA Air Infinity||TrueBlue JetBlue||Enrichment in Malaysia|
|Frequent Flyer Program (Qantas)||Qatar Airways Privilege Club (Qatar Airways Privilege Club) is a||Singapore Airlines is a Singapore-based airline. KrisFlyer|
|Thai Airways Royal Orchid Plus is a premium airline operated by Thai Airways.||Turkish Airlines Miles&Smiles (Turkish Airlines Miles&Smiles)||Virgin Atlantic Flying Club is a membership program offered by Virgin Atlantic.|
|AAdvantage (American Advantage) (through November 13, 2021)|
Furthermore, Citi sometimes offers promotions for transfer bonuses ranging from 10% to 30% when moving your points to certain partners during specific time periods, allowing you to earn even more bang for your money. When it comes to transferring points, the sole restriction is that they must be transferred in 1,000-point increments, and no more than 50,000 points may be moved at a time.
Citi also makes transferring points from one ThankYou Rewards account to another very simple. If you want to mix points among friends or family members, this is a fantastic option. However, before you combine your ThankYou points with someone else, be sure you’re ready to utilize them since points shared with another person expire 90 days after they’re received, and you may only transfer 100,000 ThankYou points each calendar year.
Get the Citi Premier and combine your cash back rewards from other Citi cards.
The annual fees for both the Citi Premier and the Chase Sapphire Preferred are $95 each, so they’re similar in price. You’ll receive Chase Ultimate Rewards points with the Sapphire Preferred, which transfer to a different group of partners than Citi ThankYou points. Citi solely has airline relationships, whereas Chase has three hotel partners in addition to 11 airline partners.
While Citi concentrates on foreign airlines, Chase provides more local partner options, including as United Airlines and Hyatt hotels. However, Citi collaborates with a number of airlines that no one else does, and it is presently the only major bank that has a transfer relationship with American Airlines. That collaboration is set to expire on November 13th, but it may be extended.
United is one of Chase Ultimate Rewards’ transfer partners, while Citi’s transfer partners are primarily focused on foreign airlines.
The Chase Sapphire Preferred card also comes with a slew of shopping and travel insurance features. For example, if your flight is delayed overnight and you have to fly out the next morning, the Sapphire Preferred will pay you up to $500 per person for any unforeseen out-of-pocket expenses, such as a night at a hotel, meals, and transportation.
While the Citi Premier no longer provides these nice-to-have benefits, it does offer additional bonus categories, with some of them paying out at a greater rate. On travel expenditures, for example, the Citi Premier gets 3 points per dollar, while the Chase Sapphire Preferred earns just 2 points per dollar unless you book via Ultimate Rewards.
At the end of the day, they’re both excellent credit cards to consider if you’re interested in collecting travel rewards for the first time. While the Chase Sapphire Preferred is still our best first travel credit card, the Citi Premier is a worthy competitor and should be your first Citi card. You may even apply for both and diversify your points, which is the best approach to guarantee you have the appropriate points when it comes time to take that much-needed holiday.
Learn more about the Citi Premier card and apply today.
Discover which credit cards CNN Underscored selected as the top travel credit cards for 2021.
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The citi premier card credit limit is a popular credit card that offers many benefits. The Citi Premier should be your first card because of the low annual fee and high rewards.
Frequently Asked Questions
Is Citi Premier hard to get?
Citi Premier is a very hard card to get.
Does Citi premier have annual fee?
Citi premier does not have an annual fee.
What is the credit limit for Citi premier card?
The credit limit for Citi Premier card is $500,000.
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